share
 

Japan's economic index improves over production recovery

0 Comment(s)Print E-mail Xinhua, November 9, 2024
Adjust font size:

TOKYO, Nov. 9 (Xinhua) -- Japan's coincident economic index, which tracks current economic conditions, showed improvement in September as production output recovered in some industries.

The index rose to 115.7 in September, up 1.7 points from the previous month based on a 2020 benchmark of 100, according to data from the country's Cabinet Office on Friday.

The increase, marking the first rise in two months, was primarily attributed to the resumption of production at auto plants disrupted by typhoons, along with continued strong air conditioner shipments due to lingering heat.

The government maintained its economic assessment, describing the situation as "showing signs of stabilizing" for the fifth consecutive month.

The leading index, which forecasts economic trends in the near future, also rose by 2.5 points to 109.4, its first increase in two months. Enditem

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter